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ARC Resources Ltd T.ARX

Alternate Symbol(s):  AETUF

ARC Resources Ltd. is a Canadian energy company. It is focused on the exploration, development, and production of unconventional natural gas, condensate, natural gas liquids (NGLs), and crude oil in western Canada. Its operations are focused in the Montney region in Alberta and northeast British Columbia. Its operations in Alberta are located near Grande Prairie and the region includes Kakwa and Ante Creek. Kakwa is a condensate-rich and high-deliverability natural gas play with top-tier development opportunities. Its operations in northeast British Columbia are located near Dawson Creek and the region includes Greater Dawson, Sunrise, Attachie, and Septimus and Sundown. The Greater Dawson operating area includes Dawson Phases I, II, III and IV and Parkland. The Attachie is a condensate-rich, natural gas play primed for large-scale development. Sunrise is a dry natural gas play with a low-cost structure, well deliverability and direct connectivity to liquefied natural gas Canada.


TSX:ARX - Post by User

Post by Shaleguyon Jan 27, 2022 12:57am
270 Views
Post# 34365468

An old Oilman Once Told Me

An old Oilman Once Told MeThat there are two ways to go out of business:. 1. To spend foolishly and more importantly, 2. To not spend enough. Clearly ARX will not go out of business, but they are leaving 6 to 8 bucks on the table by not optimizing fcf by slow playing Kakwa and cheaping out on dividends. Hey maybe as a dumb engineer, I don't get finances ( I actually do), but why would you pay off cheap debt when you can get way over an ror of a 100 percent at Kakwa. And hey you can still pay off debt and do more drilling and pay a dividend. I've said this before, but TOU's presentation has at least ten times as much technical info as Arx. I'm not sure after giving them the benefit of the doubt for almost a year that they are up to running a big company. It's not like they don't have the drawings and Fing well files from VII. very disappointing.
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